https://www.mpamag.com/ca/mortgage-industry/industry-trends/whats-next-for-borrowers-if-the-bank-of-canada-continues-hiking-rates/434010 Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet, told Canadian Mortgage Professional in advance of the central bank announcement that the way forward for borrowers depends largely on their individual circumstances and whether variable-rate holders can absorb the impact of a high-rate environment or would prefer to switch to a more stable fixed […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/whats-next-for-borrowers-if-the-bank-of-canada-continues-hiking-rates/434010 Clients whose brokers have been watching that volatile market can capitalize when rates dip, Zlatkin said, and secure a short-term fixed rate if that’s their inclination. “If you’re sitting in that boat where you feel like it’s too much for you, let’s move you to a fixed-rate two- or three-year term,” Zlatkin reiterated. “There […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/bank-of-canada-makes-first-rate-hike-of-2023/434045 Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet, told Canadian Mortgage Professional in advance of the central bank announcement that the way forward for borrowers depends largely on their individual circumstances and whether variable-rate holders can absorb the impact of a high-rate environment or would prefer to switch to a more stable fixed […]

https://www.cp24.com/video?clipId=2616269&jwsource=cl “An interest rate hike like this one will typically bring about a lot of stress”, said Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet. “There’s going to be a situation where a lot of people may be experiencing shock when they renew their mortgage,” said Zlatkin. Zlatkin recommended that people who foresee themselves […]

https://www.ctvnews.ca/video?clipId=2584987&jwsource=em Mortgage Outlet director Elan Weintraub discusses Canada’s mortgage stress test and why he thinks it should remain even as rates rise.  

https://financialpost.com/real-estate/mortgages/mortgage-defaults-housing-market-broker  Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet, talks with Financial Post’s Larysa Harapyn about how mortgage defaults are starting to hit the market. “The prime rate has gone up. So what we’re going to see in terms of the prime rate is that it has gone up from 5.95 at most major […]

https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-bank-of-canada-hike-1.1856200 “A trigger rate is reached when a homeowner’s mortgage payment no longer covers interest accrued since the previous payment.” “Many Canadians are approaching their trigger point, at which point you need to start looking at do I make a lump sum payment into my mortgage? Do I increase my payment amount or do I […]

https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-bank-of-canada-hike-1.1856200 “A trigger rate is reached when a homeowner’s mortgage payment no longer covers interest accrued since the previous payment. “Many Canadians are approaching their trigger point, at which point you need to start looking at do I make a lump sum payment into my mortgage? Do I increase my payment amount or do I […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/what-are-brokers-looking-for-from-lenders-in-2023/429079 “Transparency from lenders is a critical component of that relationship, according to Leah Zlatkin (pictured below), chief operating officer and broker at Mortgage Outlet. She noted that the changing mortgage landscape of 2022 has created a more complex borrowing environment for clients, meaning it’s essential that lenders effectively communicate whether they can service a […]

https://globalnews.ca/video/9308136/ask-an-expert-managing-your-mortgage Mortgage Broker and COO at Mortgage Outlet Leah Zlatkin talks about some ways you can better manage your money, including paying down your mortgage more quickly.